Shocker: Sanity Prevails in New York

null By The Editorial BoardDec. 29, 2023 6:13 pm ETWonder Land: The mutual Democratic destruction taking place in New York among Mayor Eric Adams, Gov. Kathy Hochul and President Joe Biden over the migrant crisis is proving that even in blue states, misgovernance has limits. Images: AP/AFP/Zuma Press Composite: Mark KellyIn the rare good news department, New York Gov. Kathy Hochul ended the year by vetoing two bills that would have driven more businesses and high earners out of the state. Are declining tax revenue and population spurring a political awakening? It would be nice to think so.Ms. Hochul vetoed a bill that would have broadly banned employment non-compete agreements. “New York has a highly competitive economic climate and is home to many different industries,” she said in her veto message. “These companies have legitimate interests that cannot be met with the Legislation’s one-size-fits-all approach.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe85

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Shocker: Sanity Prevails in New York
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Dec. 29, 2023 6:13 pm ET

Wonder Land: The mutual Democratic destruction taking place in New York among Mayor Eric Adams, Gov. Kathy Hochul and President Joe Biden over the migrant crisis is proving that even in blue states, misgovernance has limits. Images: AP/AFP/Zuma Press Composite: Mark Kelly

In the rare good news department, New York Gov. Kathy Hochul ended the year by vetoing two bills that would have driven more businesses and high earners out of the state. Are declining tax revenue and population spurring a political awakening? It would be nice to think so.

Ms. Hochul vetoed a bill that would have broadly banned employment non-compete agreements. “New York has a highly competitive economic climate and is home to many different industries,” she said in her veto message. “These companies have legitimate interests that cannot be met with the Legislation’s one-size-fits-all approach.”

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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